Page 9 of import

Red Sea, trade, import, export, trade nuances, shipping cos, freight forwarders, charter rates, working capital, merchandise trade, profitability, margins, inventories

Red Sea crisis to have differential impact across sectors; shipping cos, freight forwarders to benefit from high charter rates

Indian companies use the Red Sea route through the Suez Canal to trade with Europe, North America, North Africa and…

January 29, 2024 11:03 IST

import tariff, gold, silver, import duties, top news, latest news, business news, market news,

Govt raises import tariffs on gold, silver to curb surge in shipments

Gold imports spiked 95% to $7.2 billion in October, causing the merchandise trade deficit to rise to an all-time high…

January 24, 2024 01:00 IST

Import duty, edible oils, palm, soyabean, sunflower, sugar production, top news, latest news, business news,

Import duty relief for edible oils extended till March 2025

To provide relief to consumers, the government in June last year had reduced the import duty on refined soybean and…

January 17, 2024 00:15 IST

India,Policy,Hardware,Delhi,Imports,Food and Drug Administration,APPLE INC,SAMSUNG ELECTRONICS CO LTD,Asia,Social Security,markets

US urges India not to restrict trade with laptop import policy

The US surpassed China as India’s biggest trade partner in 2022, with bilateral shipments reaching a record $137.24 billion, up…

January 13, 2024 17:49 IST

Leather Exports, Budget 2024, import duty, top news, latest news, business news,

Leather exporters seek fiscal incentives in Budget

The council has also suggested the government to consider permitting the export of all value-added leathers, including crust leathers, freely…

January 12, 2024 17:24 IST

ICEA, Import duty, production-linked incentive, PLI scheme, free trade agreements, top news, latest news, business news,

Import duty cut may boost India’s phone exports to $39 billion by 2027: ICEA

The tariff rationalisation could also increase the domestic production of mobile phones to $82 billion.

January 11, 2024 02:50 IST

Sokol crude, Saudi Arabia, Crude oil, Russia, Indian Oil, Russia's Sakhalin-1, top news, latest news, business news,

Crude oil imports from Russia may bounce back in January

S&P Global Commodity Insights also notes that Russian inflows will likely bounce back in the coming months as crude runs…

January 5, 2024 00:20 IST

exports, GDP, Indian economy, service exports, IT services, investments, start-up ecosystem, software industry, global freight charges, manufacturing

How can India achieve USD1 trillion in exports: Decoding the roadmap

The momentous rise in service exports has been at the crux of India’s post-pandemic resilient economic push. Backed by a…

January 3, 2024 13:12 IST

Govt charts out plan to slash coal imports

To eliminate imports of domestically available fuel varieties by March 2026, says coal secretary.

December 29, 2023 00:50 IST

cereals, agricultural commodities, rice, wheat, pulses, coarse cereals, Top news, latest news, business news,

Year-end story: Steady rise in crop output fails to ease import dependence

Import dependence in the case of pulses and oilseeds has risen significantly in recent years.

December 28, 2023 00:50 IST

flashlight industry, Chinese imports, manufacturers, supply chain, R&D investment, regulatory landscape, quality standards, product labelling, packaging, sustainability, consumer grievance, compliance

The flashlight industry’s battle against low-cost Chinese imports

The established supply chains and market dynamics of this business, which is expected to reach a value of $2 million…

December 22, 2023 13:17 IST

defence news, defence industry india, top news, latest news, business news, defence news,

A record boom

India is still a net importer, but its momentum is in the right direction.

December 13, 2023 04:30 IST

services PMI, services activity, demand buoyancy, sales, cost pressures, output growth, international sales, business activity, output prices, job creation

India’s services trade

On a balance of payments basis, services trade accounted for 30% of India’s total trade in 2019; in terms of…

December 7, 2023 17:25 IST

India, Indian economy, merchandise exports, exports, CAD, US import, US Fed, services imports, ICICI Securities, global economy, commodity prices

India ahead of rest of Asia: India’s merchandise exports up 6.2% YoY in Oct 2023, likely to enable narrower CAD in FY24

Prasenjit Basu and Laavanya Sisaudia, analysts and economists at ICICI Securities, said, “Given the broad based cyclical rebound in engineering…

November 29, 2023 13:09 IST

pulses, oil seeds, edible oil, mustard (40%), soybean (24%) groundnut (7%), top news, latest news, business news,

Import reliance for pulses, oil seeds to stay through FY31: Study

Production of pulses according to the study is projected to increase to 35 MT by 2030-31.

November 28, 2023 01:40 IST

import duties on inputs, import duties on capital goods, GTRI, Duty Drawback Scheme,

Govt needs to reduce import duties on inputs, capital goods to lessen need for export schemes: GTRI

The Global Trade Research Initiative (GTRI) said that many countries, including major trade partners of India like the European Union…

November 24, 2023 12:47 IST

economic growth, exports, imports, global trade, GDP, OECD countries, labour force, Special Economic Zones, private investment

The crucial role of export to India’s economic growth

India needs to focus on increasing our competitiveness so that it can take a larger market share of the 25…

November 22, 2023 11:34 IST

fruits, vegetables, rice exports, Foods Products Export Development Authority, news, top news, business news, latest news, top business news, economy news,

New protocols soon to boost shipments of fruits, vegetables via sea

At present, high-value fruits and vegetables are shipped through air which jacks up costs and blunts the competitive edge in…

November 22, 2023 00:20 IST

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India and EU resume FTA talks, Brussels team in Delhi

Policy30 min ago

India and the EU have resumed negotiations on their Free Trade Agreement, aiming to resolve remaining differences and finalize the deal by the end of the year. Commerce and industry minister Piyush Goyal visited Brussels for discussions, with both sides finalizing 10 chapters and making progress on others.

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